ITP Historical Financial Ratios

ITP Stock

USD 0.24 0.02 9.09%

IT Tech is lately reporting on over 112 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.0176 or Days Sales Outstanding of 65.71 will help investors to properly organize and evaluate IT Tech Packaging financial condition quickly.

Quick Ratio Current Ratio

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IT Tech Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About ITP Financial Ratios Analysis

IT Tech PackagingFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate IT Tech investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on ITP financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across IT Tech history.

IT Tech Financial Ratios Chart

At this time, IT Tech's Intangibles To Total Assets are relatively stable compared to the past year.

Dividend Yield Ptb Ratio Days Sales Outstanding Book Value Per Share Free Cash Flow Yield

Add Fundamental

Dividend Yield

Dividend Yield is IT Tech Packaging dividend as a percentage of IT Tech stock price. IT Tech Packaging dividend yield is a measure of IT Tech stock productivity, which can be interpreted as interest rate earned on an IT Tech investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most ratios from IT Tech's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into IT Tech Packaging current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IT Tech Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, IT Tech's Intangibles To Total Assets are relatively stable compared to the past year.

	2023	2024 (projected)
Dividend Yield	0.007567	0.007189
Price To Sales Ratio	0.036	0.0342

Dividend Yield Price To Sales Ratio

IT Tech fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding
Price To Sales Ratio		0.6	1.0	-0.26	-0.2	0.21	0.31	0.81	0.67	1.0	0.98	-0.47	0.5	-0.21	0.25	0.37	-0.31	-0.31	0.64	-0.23	0.77	0.38	0.52	0.19	-0.18	0.99
Dividend Yield	0.6		0.6	-0.19	-0.09	0.2	0.33	0.76	0.53	0.6	0.49	-0.17	0.7	-0.34	0.61	0.54	-0.28	0.38	0.27	0.36	0.55	0.76	0.93	0.18	-0.17	0.63
Ptb Ratio	1.0	0.6		-0.19	-0.28	0.15	0.24	0.8	0.64	1.0	0.97	-0.44	0.45	-0.21	0.21	0.35	-0.24	-0.34	0.62	-0.25	0.75	0.34	0.54	0.17	-0.21	1.0
Days Sales Outstanding	-0.26	-0.19	-0.19		-0.82	-0.63	-0.8	-0.08	-0.31	-0.19	-0.36	0.11	-0.67	0.01	-0.53	-0.24	0.93	-0.36	-0.16	-0.21	-0.44	-0.49	-0.01	-0.32	-0.43	-0.19
Book Value Per Share	-0.2	-0.09	-0.28	-0.82		0.67	0.67	-0.28	0.02	-0.28	-0.09	0.09	0.46	0.07	0.41	0.01	-0.83	0.48	-0.2	0.46	0.07	0.37	-0.28	0.14	0.54	-0.28
Free Cash Flow Yield	0.21	0.2	0.15	-0.63	0.67		0.47	-0.02	0.02	0.15	0.25	0.19	0.37	0.21	0.24	-0.15	-0.76	0.17	-0.26	0.41	0.45	0.37	-0.06	0.24	0.1	0.17
Operating Cash Flow Per Share	0.31	0.33	0.24	-0.8	0.67	0.47		0.31	0.64	0.24	0.41	-0.41	0.74	-0.34	0.74	0.51	-0.73	0.53	0.47	0.25	0.43	0.67	0.18	0.41	0.11	0.23
Average Payables	0.81	0.76	0.8	-0.08	-0.28	-0.02	0.31		0.75	0.8	0.73	-0.55	0.51	-0.38	0.37	0.55	-0.15	0.02	0.67	0.01	0.65	0.52	0.8	0.26	-0.31	0.82
Capex To Depreciation	0.67	0.53	0.64	-0.31	0.02	0.02	0.64	0.75		0.64	0.68	-0.87	0.68	-0.39	0.64	0.55	-0.3	0.15	0.88	-0.17	0.51	0.69	0.46	0.23	-0.29	0.64
Pb Ratio	1.0	0.6	1.0	-0.19	-0.28	0.15	0.24	0.8	0.64		0.97	-0.44	0.45	-0.21	0.21	0.35	-0.24	-0.34	0.62	-0.25	0.75	0.34	0.54	0.17	-0.21	1.0
Ev To Sales	0.98	0.49	0.97	-0.36	-0.09	0.25	0.41	0.73	0.68	0.97		-0.48	0.5	-0.25	0.27	0.38	-0.38	-0.29	0.67	-0.28	0.77	0.35	0.41	0.24	-0.12	0.96
Free Cash Flow Per Share	-0.47	-0.17	-0.44	0.11	0.09	0.19	-0.41	-0.55	-0.87	-0.44	-0.48		-0.39	0.18	-0.39	-0.33	0.08	0.08	-0.9	0.31	-0.22	-0.41	-0.14	-0.04	0.28	-0.43
Roic	0.5	0.7	0.45	-0.67	0.46	0.37	0.74	0.51	0.68	0.45	0.5	-0.39		-0.36	0.92	0.53	-0.67	0.52	0.37	0.25	0.48	0.94	0.55	0.13	0.21	0.45
Inventory Turnover	-0.21	-0.34	-0.21	0.01	0.07	0.21	-0.34	-0.38	-0.39	-0.21	-0.25	0.18	-0.36		-0.46	-0.83	-0.1	-0.48	-0.31	0.03	-0.1	-0.34	-0.41	-0.08	0.09	-0.2
Net Income Per Share	0.25	0.61	0.21	-0.53	0.41	0.24	0.74	0.37	0.64	0.21	0.27	-0.39	0.92	-0.46		0.59	-0.47	0.69	0.34	0.24	0.31	0.93	0.51	0.19	0.11	0.21
Days Of Inventory On Hand	0.37	0.54	0.35	-0.24	0.01	-0.15	0.51	0.55	0.55	0.35	0.38	-0.33	0.53	-0.83	0.59		-0.12	0.49	0.51	0.1	0.33	0.49	0.55	0.3	0.03	0.33
Payables Turnover	-0.31	-0.28	-0.24	0.93	-0.83	-0.76	-0.73	-0.15	-0.3	-0.24	-0.38	0.08	-0.67	-0.1	-0.47	-0.12		-0.29	-0.06	-0.38	-0.52	-0.54	-0.07	-0.29	-0.45	-0.26
Average Inventory	-0.31	0.38	-0.34	-0.36	0.48	0.17	0.53	0.02	0.15	-0.34	-0.29	0.08	0.52	-0.48	0.69	0.49	-0.29		-0.13	0.53	-0.09	0.62	0.36	0.16	0.09	-0.32
Capex To Revenue	0.64	0.27	0.62	-0.16	-0.2	-0.26	0.47	0.67	0.88	0.62	0.67	-0.9	0.37	-0.31	0.34	0.51	-0.06	-0.13		-0.39	0.4	0.31	0.28	0.24	-0.3	0.61
Cash Per Share	-0.23	0.36	-0.25	-0.21	0.46	0.41	0.25	0.01	-0.17	-0.25	-0.28	0.31	0.25	0.03	0.24	0.1	-0.38	0.53	-0.39		-0.09	0.34	0.24	-0.09	0.27	-0.23
Pocfratio	0.77	0.55	0.75	-0.44	0.07	0.45	0.43	0.65	0.51	0.75	0.77	-0.22	0.48	-0.1	0.31	0.33	-0.52	-0.09	0.4	-0.09		0.41	0.49	0.72	-0.02	0.76
Interest Coverage	0.38	0.76	0.34	-0.49	0.37	0.37	0.67	0.52	0.69	0.34	0.35	-0.41	0.94	-0.34	0.93	0.49	-0.54	0.62	0.31	0.34	0.41		0.61	0.14	-0.01	0.35
Payout Ratio	0.52	0.93	0.54	-0.01	-0.28	-0.06	0.18	0.8	0.46	0.54	0.41	-0.14	0.55	-0.41	0.51	0.55	-0.07	0.36	0.28	0.24	0.49	0.61		0.23	-0.17	0.57
Capex To Operating Cash Flow	0.19	0.18	0.17	-0.32	0.14	0.24	0.41	0.26	0.23	0.17	0.24	-0.04	0.13	-0.08	0.19	0.3	-0.29	0.16	0.24	-0.09	0.72	0.14	0.23		-0.04	0.18
Pfcf Ratio	-0.18	-0.17	-0.21	-0.43	0.54	0.1	0.11	-0.31	-0.29	-0.21	-0.12	0.28	0.21	0.09	0.11	0.03	-0.45	0.09	-0.3	0.27	-0.02	-0.01	-0.17	-0.04		-0.24
Days Payables Outstanding	0.99	0.63	1.0	-0.19	-0.28	0.17	0.23	0.82	0.64	1.0	0.96	-0.43	0.45	-0.2	0.21	0.33	-0.26	-0.32	0.61	-0.23	0.76	0.35	0.57	0.18	-0.24

Click cells to compare fundamentals

IT Tech Account Relationship Matchups

IT Tech fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Days Sales Outstanding	33.05	8.64	62.19	77.12	62.58	65.71
Book Value Per Share	75.33	66.07	36.05	18.18	16.72	15.89
Free Cash Flow Yield	0.0538	(0.34)	(2.0)	(0.039)	(3.02)	(2.87)
Operating Cash Flow Per Share	3.42	6.09	(0.41)	1.07	1.28	1.21
Capex To Depreciation	0.42	1.34	1.63	0.74	1.57	1.49
Ev To Sales	0.35	0.26	0.27	0.12	0.1	0.13
Free Cash Flow Per Share	0.51	(1.87)	(4.6)	(0.018)	(0.94)	(0.98)
Roic	0.0145	(0.0227)	8.84E-4	(0.0915)	(0.055)	(0.0523)
Inventory Turnover	64.66	77.19	25.64	33.28	9.5	9.03
Net Income Per Share	1.01	(2.1)	0.15	(1.66)	(0.99)	(0.94)
Days Of Inventory On Hand	5.65	4.73	14.24	10.97	38.41	26.24
Payables Turnover	414.93	160.77	14.6K	19.0K	17.1K	18.0K
Research And Ddevelopement To Revenue	6.36E-4	6.86E-4	6.3E-4	0.00145	0.001049	0.001101
Capex To Revenue	0.0802	0.0253	0.0546	0.21	0.16	0.26
Cash Per Share	2.65	1.56	1.87	0.96	0.39	0.37
Pocfratio	2.75	0.91	(5.65)	0.43	0.24	0.23
Interest Coverage	4.21	(5.07)	1.3	(5.14)	(9.73)	(9.24)
Capex To Operating Cash Flow	0.85	1.31	(10.29)	1.02	1.73	1.82
Pfcf Ratio	18.59	(2.97)	(0.5)	(25.62)	(0.33)	(0.31)
Days Payables Outstanding	0.88	2.27	0.025	0.0192	0.0213	0.0202
Income Quality	3.39	(2.91)	(2.69)	(0.65)	(1.29)	(1.23)
Roe	0.0134	(0.0317)	0.004197	(0.0914)	(0.0591)	(0.0561)
Ev To Operating Cash Flow	3.99	1.68	(7.68)	0.98	0.9	0.86
Pe Ratio	9.33	(2.66)	15.2	(0.28)	(0.31)	(0.3)
Return On Tangible Assets	0.0124	(0.0296)	0.003959	(0.11)	(0.0878)	(0.0834)
Ev To Free Cash Flow	26.94	(5.47)	(0.68)	(58.65)	(1.23)	(1.17)
Earnings Yield	0.11	(0.38)	0.0658	(3.61)	(3.19)	(3.03)
Intangibles To Total Assets	0.0615	0.0625	0.053	0.28	0.42	0.44
Net Debt To E B I T D A	0.48	1.22	0.22	0.54	1.51	1.43
Current Ratio	1.43	0.81	2.72	2.67	1.32	1.02
Tangible Book Value Per Share	70.03	61.36	33.91	12.4	8.63	8.2
Receivables Turnover	11.04	42.25	5.87	4.73	5.83	5.54
Graham Number	41.34	55.82	11.08	26.07	19.28	18.32

Pair Trading with IT Tech

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IT Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IT Tech will appreciate offsetting losses from the drop in the long position's value.

Moving against ITP Stock

0.42	MKDTY	Molecular Data	Pair Corr
0.36	WS	Worthington Steel	Pair Corr

The ability to find closely correlated positions to IT Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IT Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IT Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IT Tech Packaging to buy it.

The correlation of IT Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IT Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IT Tech Packaging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for IT Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for ITP Stock Analysis

When running IT Tech's price analysis, check to measure IT Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

ITP Historical Financial Ratios

About ITP Financial Ratios Analysis

IT Tech Financial Ratios Chart

Dividend Yield

Ptb Ratio

Book Value Per Share

Free Cash Flow Yield

IT Tech fundamentals Correlations

IT Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IT Tech fundamentals Accounts

Pair Trading with IT Tech

Moving against ITP Stock

Additional Tools for ITP Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ptb Ratio	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Days Payables Outstanding	+ 1.0	Ptb Ratio
Days Payables Outstanding	+ 1.0	Pb Ratio
Days Payables Outstanding	+ 0.99	Price To Sales Ratio

Capex To Revenue	- 0.9	Free Cash Flow Per Share
Free Cash Flow Per Share	- 0.87	Capex To Depreciation
Days Of Inventory On Hand	- 0.83	Inventory Turnover
Payables Turnover	- 0.83	Book Value Per Share
Book Value Per Share	- 0.82	Days Sales Outstanding
Operating Cash Flow Per Share	- 0.8	Days Sales Outstanding